ans fast pls

D Question 8 nmmmmmmmmmsmum m 0 0 MM L..... _..._ .. _.__. umumwuunmmounu 1 pts O The graphs above show the markets for two one-year discount bonds: a risk-free Treasury bond and a risky corporate bond. The face value of both bonds is $120,000. Some nancial scandals about the corporation cause the investors to worry about the health of the corporation. Those who already own the bond of this corporation try to get rid of it by selling them in the market. So the sale of this bond increases by $40 million. Moreover, those investors who normallyr bought this bond become reluctant to buy it. Therefore. demand for this bond decreases by $20 million. These two groups of investors rush to buy the risk-free Treasury bond. 50. demand for the risk-free bond increases by $60 million ($40 million from those who sell the corporate bond and $20 million from those who switch from corporate to Treasury bond). This ight to safety causes the risk premium on the corporate bond to increase to X percent. What is the value of X